World Bank forecasts Vietnam’s economy to grow 5.3% this year

The World Bank recently released a forecast that Vietnam’s economy “will grow by 5.3% in 2022.” The financial institution’s April 2022 “East Asia and Pacific Economic Update” states that the forecast “is based on the COVID-19 living policy, solid results…
World Bank: Vietnam’s economy continues to recover

The World Bank (WB) has just published the edition of “Vietnam Macroeconomic Update” in March this year. The financial institution said that “available data suggest that economic activity in the country continued to recover, with industrial production increasing by 8.5%…
World Bank: Vietnam’s economic growth to reach 5.5% in 2022

The World Bank recently released a forecast that Vietnam’s economy “will accelerate in 2022 with GDP growth forecasted to increase to 5.5% from 2.6% in 2021.” The World Bank’s bulletin on January 27 cited an updated report on Vietnam’s economic…
World Bank: Vietnam’s trade balance deficit increases in August

The international financial institution said that among the main export items, furniture and footwear were hardest hit (down 38% and 26% respectively year-on-year), followed by computers and electronic products (down 11.9%), textiles (down 9%). However, according to the World Bank,…
World Bank: Three big risks to Vietnam’s economic outlook

Despite the positive economic outlook, the World Bank believes that Vietnam needs to handle high financial, financial, and social risks. According to the latest forecast of the World Bank (WB), Vietnam’s economic growth in 2021 could reach about 4.8%, and…